WHAT ARE THE BANKSTERS UP TO NOW?

WHAT ARE THE BANKSTERS UP TO NOW?

CORESCORE- PROFILING AND TRACKING YOUR EVERY MOVE

January 2, 2012

On 12/8/2011 Huffington Post reported that the BANKSTERS have conspired with CoreLogic, a financial data collector, to create a new “out of regulation” credit score. Just like MERS for tracking loans, and ISDA for undisclosed insurance and credit default swaps, this new industry secret is a fraud on the people.

This new service allows BANKSTERS to look at ALL YOUR FINANCIAL RECORDS!! Including credit card borrowing, bank transactions and mortgage information, car and rental payments, payday loans, and missed child support payments.

THIS BEGAN LAST WEEK!! Did you here anything about it in the main stream media. Hell no!

Core Logic spins the truth, as the BANKSTERS always do and said, “the new score creates an opportunity for borrowers and lenders alike, making credit available to those who have traditionally been shut out.” Right! Core Logic says the company plans to boil down a consumer’s financial life into one number that can be used to supplement a traditional credit score.

THIS IS OUTSIDE THE TRADITIONAL LAWS FOR FAIR CREDIT REPORTING

“The companies don’t care if it’s accurate, or up to date, or what the consequences are,” said Marc Rotenberg, executive director at the Electronic Privacy Information Center, a public interest research center.

MAKE NO MISTAKE THIS IS NEW TRACKING OF EVERY MOVE YOU MAKE

For Americans who essentially live off the credit grid, either using cash or borrowing through informal channels, the new CoreScore could be a rude awakening. Huff Post should have stated the obvious, this is just another move for BIG BROTHER who is hand in hand with BIG BANKS to make sure we don’t have any privacy whatsoever and they can track our every move.

In another stealth move, the industry is pushing to eliminate bad credit falling off your credit report in 7 years as well. They have ruined us all and they are slowly taking away your right to start over. Let’s face it, if they had it their way debtor’s prisons would be brought back. No jail for them, but for us, they would gladly send us there. More on this topic to come…

Mission Statement:

Exposing how the American family was set up to fail, insured to fail, and pushed off the cliff for nothing more than the greed of a few Wall Street Banks. The corruption of the entire system by an elite class undermined the entire financial system and the security of a generation and their children’s future. My blog will express new revelations of truth, fight for fair and equal treatment under the law, and be the voice of the homeowners. I will defend our right to own private property free of Ponzi schemes and boom and bust cycles that steal our futures from us and our children by exposing the scheme..